The monthly market trend date from
Land Registry for April shows that London experienced the greatest increase in its average property value over the last 12 months with a movement of 10.9 per cent. The average price paid for a property was £474,544 and the monthly change since March 2015 is 2.3%.
In England and Wales, the data shows an annual price increase of 5.1 per cent which takes the average property value £179,817 compared with the peak of £181,014 in November 2007. House prices are up 0.9 per cent since March.
The
chart shows the average annual change in residential property prices over the last 5 years.
The chart shows the average annual change in residential property prices over the last 5 years.
